Sheldon “Shelly” Stein has been appointed president and chief executive officer of Dallas-based Glazer’s Distributors. Stein had been a vice chairman of global investment banking at Bank of America Merrill Lynch since March 2008. In this role, he served as Glazer’s lead advisor and has worked closely with the Glazer Family and executive team. Before joining Bank of America Merrill Lynch, Stein was a senior managing director at Bear, Stearns & Co Inc for over 20 years.
“Shelly has earned the confidence and trust of the Glazer Family, and is already working successfully with many of our valued vendors,” said Glazer’s Family of Companies chairman and ceo Bennett Glazer. “As Glazer’s embarks on its next 100 years in business, we are thrilled to have attracted a forward-thinking leader like Shelly Stein to guide the company for future growth and success.”
Jerry Cargill, who has been Glazer’s president, will assume the new role of chairman of the Glazer’s newly created advisory board. Cargill will remain active with the company and work with the Glazer family and the executive team on its high level strategy, succession planning and market expansion programs.
Glazer’s, the fourth-leading U.S. spirits and wine distributor, operates in 11 states: Arizona, Arkansas, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, Oklahoma and Texas.
Advertising